US Equity Markets Overview

My commentary on the broad market has been unusually light in recent weeks as I've had little interest or desire to trade typical equities, other than a couple of recent short trades, instead focusing on select commodities & precious metals. Although I haven't posted many updated charts lately, I have kept the US broad market [...]

Dec 10, 2014 5:47pm|Categories: Equity Market Analysis|Tags: , , , |Comments Off on US Equity Markets Overview

Last Chance To Refinance?

The yield on the U.S. 10-year Treasury bond dipped below 2% for the first time since June 2013. For anyone that might have missed an opportunity to refinance over the last few years this could be the last trough in rates before the train leaves the station for good. As today, the average rate on [...]

Oct 15, 2014 12:42pm|Categories: Fixed Income (Bonds)|Tags: |Comments Off on Last Chance To Refinance?

Correction in Treasury Bonds Likely

Long-dated treasury bond yields (10-30 year) have been in a downtrend that kicked off on the first trading day of 2014. Based on my interpretation of the charts below, that trend has likely run its course, at least in the near-term as the odds for a correction (bond prices down/rates up) are quite elevated at [...]

May 15, 2014 1:55pm|Categories: Fixed Income (Bonds)|Tags: , , |Comments Off on Correction in Treasury Bonds Likely

Equity & Fixed Income Markets Overview

The first series of charts below are some of the major US stock indices, including annotations.  Basically, most US indices, other than the Dow Jones Industrials, continue to make higher highs while nearly all key momentum indicators and price oscillators continue to print lower highs (i.e.- negative divergences).  Such multi-month divergences were also formed leading [...]

Oct 18, 2013 1:08pm|Categories: Equity Market Analysis, Fixed Income (Bonds), Trading Tips|Tags: , , , , , |Comments Off on Equity & Fixed Income Markets Overview

TLT Target & Scenario

This 4 hour chart shows my preferred scenario for TLT with the initial, and possibly final (TBD) target.  The 38.2% fib retracement is not only a commonly hit level on counter-trend bounces but also happens to line up well with horizontal resistance, including volume at price (VAP) resistance, as defined by the top of that [...]

Aug 30, 2013 2:20pm|Categories: Fixed Income (Bonds)|Tags: , |Comments Off on TLT Target & Scenario